Wellbeing Economics : The Capabilities Approach to Prosperity
- Cham Springer Nature 2018
- 1 electronic resource (196 p.)
Open Access
Economists have long sought to maximise economic growth, believing this to be their best contribution to improving human welfare. That approach is not sustainable in the face of ongoing issues such as global climate change, environmental damage, rising inequality and enduring poverty. Alternatives must be found. This open access book addresses that challenge. It sets out a wellbeing economics framework that directly addresses fundamental issues affecting wellbeing outcomes. Drawing inspiration from the capabilities approach of Nobel Prize winner Amartya Sen, the book demonstrates how persons can enhance prosperity through their own actions and through collaboration with others. The book examines national public policy, but its analysis also focuses on choices made by individuals, households, families, civil society, local government and the global community. It therefore offers important insights for anyone concerned with improving personal wellbeing and community prosperity.
Creative Commons
English
978-3-319-93194-4
10.1007/978-3-319-93194-4 doi
Political structure & processes Public administration Economic theory & philosophy Economic growth Political economy
Economics Management science Welfare economics Public policy Political science Economic policy Economic growth